Transparency Culture and Financial Communication

SYMPHONYA Emerging Issues in Management, n. 2, 2002

12 Pages Posted: 14 Mar 2015

See all articles by Daniela Salvioni

Daniela Salvioni

University of Brescia - Department of Economics and Management

Date Written: March 1, 2002

Abstract

The inter-company relationships are affected significantly by the information flows activated by the various players. The fact that a large number of relationships can be essentially ascribed to the sharing of part of the financial risk highlights the crucial role of financial communication. Financial communication can be an intangible asset of primary importance for corporate development. The achievement of such a goal requires the revision of rules and conduct to obtain messages in true accordance with proper financial corporate principles of truthfulness, clarity, and especially, transparency. Transparency is an essential requirement for the continuous refining of the convergence between management and information content, and the clarity of the documents periodically transmitted outside. Transparency should facilitate the establishment of a unitary, consistent system of conduct and messages focused on corporate financial dynamics.

Keywords: Corporate Governance; Financial Communication; Transparency Culture; Stakeholder Relation

JEL Classification: M00

Suggested Citation

Salvioni, Daniela, Transparency Culture and Financial Communication (March 1, 2002). SYMPHONYA Emerging Issues in Management, n. 2, 2002. Available at SSRN: https://ssrn.com/abstract=2577239

Daniela Salvioni (Contact Author)

University of Brescia - Department of Economics and Management ( email )

Contrada Santa Chiara, 50
BRESCIA, BS 25122
Italy

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